Holmby Hall, a landmark property located at 921 Westwood Boulevard in Los Angeles, has sold for $32,675,000 in a transaction arranged by Kidder Mathews brokers Tanel Harunzade and Darrell Levonian—along with former Kidder Mathews agent David Saghian. The brokers connected the seller to a legacy buyer committed to preserving the building’s historic character.
Built in 1929, Holmby Hall was the first retail building in Westwood Village and is known for its Spanish Colonial Revival architecture and 110-foot clock tower designed by Gordon Kaufmann and John Parkinson. The property comprises ±50,790 square feet on 0.73 acres, directly across from UCLA. It spans an entire block on Westwood, from Weyburn Avenue to LeConte Avenue.
“This isn’t just the sale of a building—it’s the transfer of a cultural landmark,” said Harunzade, Executive Vice President at Kidder Mathews. “Our client recognized the enduring value of an irreplaceable Westwood Village property, and we were gratified to help secure a buyer aligned with that vision.”
“Holmby Hall’s historic character, visibility, and proximity to UCLA make it one of the most unique properties in Los Angeles,” said Levonian, Executive Vice President and Managing Director at Kidder Mathews. “The new ownership will honor the building’s history while positioning it for future success.”
The acquisition highlights renewed confidence in Westwood Village, an area poised for revitalization with strong demand from UCLA’s 45,000+ students, faculty, and daily visitors. With a Walk Score of 95, heavy foot and vehicle traffic, and affluent surrounding demographics, Holmby Hall offers repositioning potential for flagship retail, boutique office, wellness tenants, or hospitality concepts.
As a designated Historic-Cultural Monument, Holmby Hall also qualifies for preservation incentives and tax credits that can support planned seismic and interior upgrades.
About Kidder Mathews
Kidder Mathews is the largest fully independent commercial real estate firm in the Western U.S., with over 900 professionals in 19 offices across Washington, Oregon, California, Nevada, and Arizona. We offer a complete range of brokerage, appraisal, asset services, consulting, and debt & equity finance services for all property types. Kidder Mathews averages $9 billion in transaction volume, manages more than 53 million square feet of space, and conducts 2,400 appraisal, consulting, and cost segregation assignments annually. For more information, visit kidder.com.
